How can the global crisis affect crypto? - page 18.

Cult

full member

Activity: 479

Merit: 100

Enter the future of gaming

Quote from: The Alchemlst on July 20, 2018, 07:50:09 AM

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

Just like how it affects the economy and every other market. Global crisis may somehow even provide a way to make cryptocurrency flourish more but most likely if the people in a nation who play a large portion of asset in the crpytocurrency market suddenly becomes affected then it will surely affect the market also.

Whenever a financial crisi occurs people begin urgently searching for some reliable stores of value in order to protect their investment. It's quite likely that next time cryptocurrencies will become one of the most possible havens.

olsyd

jr. member

Activity: 448

Merit: 1

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

I think that capital will flow into cryptocurrencies, paper money once again discredits itself, financial crisis can become a starting point for switching to crypto-currencies

Ereun

full member

Activity: 322

Merit: 100

From the impact of global economic crisis will certainly make forget all aspects, Then this will weaken the price of crypto in the market because too many people throw it away.

Z_Max

member

Activity: 168

Merit: 10

It seems to me that the global crisis will affect positively the market of crypto-currencies! And this is mainly due to the fact that the market really has a very low capitalization.

loragean03

full member

Activity: 403

Merit: 100

its affects entirely, because when economics crisis happens in a country, its run a long term to got recover itself, that is for only one country, what if its happens globally? of course crypto is still there because its created online, but the value of it is depending on the usage. it will drop to zero if no one can use it because of the crisis happening globally, but its only in a few country it can affects the value of it because the usage will be lesser than before.

Itcher

full member

Activity: 364

Merit: 100

I think the crisis will have a positive impact. After all, during crises, people will stop trusting traditional assets and will look towards cryptocurrencies.

kkamilov

newbie

Activity: 224

Merit: 0

In case of an economic crisis, I am sure that the crypt market will rise very strongly. can be compared with gold, it always grows in price when there is a crisis, there is an influx of fiat money into gold, people want to invest in more reliable assets, and the crypt is now digital gold

Melit02

member

Activity: 180

Merit: 10

If that happens, all markets will get down and many bounty hunters will stop for a while because of the situation. Few bounties only will exit if there is a global crisis, many investors would stop because they can get the highest profit.

Bellex

newbie

Activity: 196

Merit: 0

Whatever we say in that situation cannot be the statement. Anything might happen to crypto market. The best advice, which, it seems to me, is suitable for almost all situations, is "Hope for the best, plan the worst." And this also works. Do not bet on all your savings in the crypto currency, but do not assume that cash is the only way.

Surge_Dev

member

Activity: 266

Merit: 10

I am not sure that there will be any changes, but who knows. In my opinion, the global crisis will not affect crypto and it will become even more expensive in a couple of years

The Alchemlst

full member

Activity: 350

Merit: 100

BITDEPOSITARY - Make ICO's , More Secure

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

Just like how it affects the economy and every other market. Global crisis may somehow even provide a way to make cryptocurrency flourish more but most likely if the people in a nation who play a large portion of asset in the crpytocurrency market suddenly becomes affected then it will surely affect the market also.

krassy

member

Activity: 476

Merit: 19

In the event of another global economic crisis, the cryptocurrency will increase in value to the moon, cash will depreciate because inflation will eat them up instantly. And the developed projects and agreements between investors will allow to purchase goods and services using cryptocurrencies without the participation of the fiat economy. Maybe it's a utopia, but I believe in such a scenario.

batgrzl

member

Activity: 151

Merit: 10

If there is an economic crisis, most people will not continue to invest money, which will reduce the transaction in the encrypted market.

BluRPie

hero member

Activity: 896

Merit: 504

Probably investors will run to crypto from the classic investments. It is sounds strange, but global economic crises could be the crises of fiat money and it will have positive impact for cryptocurrency.

Cemploon

member

Activity: 644

Merit: 10

CurioInvest [IEO Live]

It is possible that there will be sufficient influence is visible. Because basically, this economic crisis will definitely affect all aspects of the economy. Digital currencies are also included. I think this is a pretty terrible conditions. However, we will never know. We can only keep trying our best, to give the best.

jokowo

jr. member

Activity: 266

Merit: 2

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

I think the global financial crisis will also impact the crypto, because the crypto-money market looks like the stock market right now, the financial crisis has hit the stocks hard, and that will make some people who have changed all their assets in this investment will panic. It is this sweetness that will make crypto market very long in recovery.

Orang Tua

jr. member

Activity: 252

Merit: 1

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

You have to know that the global crisis is not new, but like a sure thing. crypto will remain, and maybe it can also help the world economic crisis in the future. Going forward, the market will also transform their assets in the form of the most advanced and most innovative asset there, which has a crypto element in it. The world is moving there, are you just going to be resigned? I do not know.

Endank

member

Activity: 294

Merit: 10

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

I think not affected, Crypto market is a different market, and do not need to be correlated with traditional financial markets. So if there is a very severe global crisis, then I am sure it is uncertain that crypto market will suffer too, since the king's coins such as BITCOIN and ETH can even be a good alternative to some of the world's most famous currencies.

Utyg

jr. member

Activity: 266

Merit: 1

I think the collapse and crisis of the global economy is not avoided. A crypto currency is the chance for people to get away from the employer's saber-ridden hands. Making shady huge translations. I think during the crisis, the Crypto-currencies will find great supporters. In the economic struggle against imperialism.

soooulliv77

member

Activity: 252

Merit: 11

I've been trying to find a connection, but I haven't noticed it yet. It seems to me that cryptocurrencies still exist separately from the global economy.

Topic: How can the global crisis affect crypto? - page 18. (Read 19847 times)